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Commodities

Pakistan Gold Prices Remain Steady Near Record Levels

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Gold
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Gold prices in Pakistan remain steady at Rs486,536 per tola on Thursday, maintaining their proximity to record levels. The precious metal has seen strong interest from buyers and investors in recent days, keeping the market bullish.

The domestic gold market has been on an upward trajectory for several consecutive gains, with 24K gold prices surpassing the Rs480,000-per-tola threshold. This movement is largely driven by international bullion prices, currency fluctuations, and local market demand.

According to current rates in Lahore, 24K gold is trading at approximately Rs486,536-486,550 per tola, while lower-purity gold remains relatively lower-priced. Several factors influence gold prices in Pakistan, including international prices and the value of the Pakistani rupee against the US dollar.

Market participants are closely watching whether the rally will continue, as any major movement in international gold prices or exchange rates could quickly impact domestic rates. Buyers should note that jewellery typically includes making charges and other dealer costs, which can affect the final price.

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